GNP Means

question 50

Multiple Choice

GNP means

• A) the value of all final goods and services produced in an economy during a specific period of time.
• B) the value of output produced by foreigners in Canada.
• C) the value of output produced by domestic factors of production, whether or not the production takes place inside Canadian borders.
• D) the value of services exported by Canada.
• E) the same output as GDP does.

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